$1,500,000

313 W Jones Ave Phoenix, AZ 85041

$10,000
Closing credit¹
House

Property details

About 313 W Jones Ave

Incredible Investment Opportunity! This property offers a prime value-add opportunity in a high-demand location just south of Downtown Phoenix. With easy access to I-10 & I-17, it ensures quick commutes to key areas, making it an ideal investment with significant upside potential. 313 W Jones Ave - 20 units ($1,500,000)-(9) 2 bed / 1 bath & (11) 1 bed / 1 bath. 4012 S 3rd Ave (MLS: 6830702) - 2-unit duplex ($159,900) 4014 S 3rd Ave (Coming soon) - 2 additional units If acquired together, these properties offer a total of 24 multifamily units. Located near Downtown Phoenix, I-17, and the Central Ave light rail extension, this is an excellent value-add opportunity for an investor ready to maximize returns. Act fast—won't last!

Highlights

Home typeOther
HeatingOther
StatusActive
CoolingOther
Year built1944
ParkingOther
MLS #6838625

Summary

  • MLS Number: 6838625
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: JM Realty
  • Office Phone: (480) 785-5612
  • Office Email: joseph.mahoney@jmrealty.net
  • Listing Agent: Joseph P Mahoney

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2025, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with stucco siding and fence

$1,500,000

313 W Jones Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 23, 2020
Home Sold
$395,000
Jun 23, 2020
Home Sold
$365,000
Jun 23, 2020
Home Sold
$525,000

Tax history

YearAssessmentProperty Tax
2024$113,100$2,169
2023$85,510$2,126
2022$58,810$2,169
2020$42,700$2,142
2019$39,060$2,017
2017$24,620$1,923

History based on county public records data.

Nearby schools

5

Reyes Maria Ruiz Leadership Academy

Public Charter KG-6

0.7 mi

4848 S 2nd St

3

Asu Preparatory Academy - South Phoenix Intermediate School

Public Charter 3-6

1.1 mi

5610 S Central Ave

7

Basis Phoenix South

Public Charter KG-5

1.7 mi

5700 S 19th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,706. The majority of Phoenix, AZ residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

50%
<35k
41%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

34%
Single, No Kids
27%
Single, with Kids
16%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
11%
12-17 yrs old
25%
18-34 yrs old
33%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing
  • BasketballBasketball

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral
  • Jasons DeliJasons Deli

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • ToyotaToyota

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 313 W Jones Ave

This home is located at 313 W Jones Ave in Phoenix, AZ and zip code 85041 in the South Mountain neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $1,500,000.

Over 224 listings were sold over their listed price in March 2025 in Phoenix, AZ. In the same period over 812 listings were sold below the listed price and 375 listings were sold for the listed price. In March 2025 in Phoenix, AZ there were 9.3% more homes for sale than in February. While the average time on the market in March 2025 was 65 days, the median list price was $459,738.

From Rocket Homes Real Estate and based on county public records data.

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